Descriptive Models
Breakthroughs
Utilizing Prescriptive Analytics for Optimization
Strengthening Risk Management with Data
Analytical Insights
Statistical Methods for Business Operations
Data
Data Analysis and Continuous Learning
Enhance Business Agility with Data Insights 
Type of Analytics Description Purpose
Descriptive Analytics Analyzes historical data to understand past performance
...Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes
...
Breakthroughs 1
Descriptive Analytics Descriptive analytics focuses on summarizing historical data to understand what has happened in the past
...Machine Learning Frameworks: TensorFlow and Scikit-learn provide the infrastructure for developing predictive
models ...
Utilizing Prescriptive Analytics for Optimization It goes beyond
descriptive analytics, which summarizes past data, and predictive analytics, which forecasts future outcomes
...Modeling Techniques Using algorithms and statistical
models to analyze data and generate insights
...
Strengthening Risk Management with Data Types of Data Analytics in Risk Management Data analytics can be categorized into three main types:
Descriptive Analytics: Analyzes historical data to understand past events and trends
...Predictive Analytics: Uses statistical
models and machine learning techniques to forecast future risks based on historical data
...
Analytical Insights Some of the most common include:
Descriptive Analytics Descriptive analytics provides insights into past performance by analyzing historical data
...It answers the question, "Why did it happen?" Predictive Analytics Predictive analytics uses statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Statistical Methods for Business Operations Overview of Statistical Methods Statistical methods can be broadly categorized into two types:
descriptive statistics and inferential statistics
...Sales Forecasting: Businesses use time series analysis and regression
models to predict future sales based on historical data
...
Data Qualitative Data:
Descriptive data that cannot be measured numerically
...Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes
...
Data Analysis and Continuous Learning Types of Data Analysis
Descriptive Analysis: Summarizes past data to understand what has happened in a business
...Predictive Analysis: Uses statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Analytics Types of Analytics Analytics can be categorized into four primary types:
Descriptive Analytics: This type focuses on summarizing historical data to understand what has happened in the past
...Predictive Analytics: This type employs statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Statistical Analysis Types of Statistical Analysis Statistical analysis can be broadly categorized into two main types:
Descriptive Statistics: This type summarizes and describes the characteristics of a dataset
...Overfitting: Creating overly complex
models that fit the training data too closely can result in poor predictive performance on new data
...
Frischluft Franchise in Österreich 
Der Trend zum Outdoor Sport wurde vor Jahren erkannt und das erste Franchise-Unternehmen in diesem Bereich gegründet. Erfahrung aus zahlreichen Kursen und Coachings helfen bei der Gründung. Aktuelle Tipps auch hier: Google FranchiseCHECK Frischluft oder auch Twitter Frischluft und facebook ...
Deutsch
Österreich
Italiano
English
Français
Español
Nederlands
Português
Polski
